By Nick Kostov

 

PARIS--The French state said late Tuesday it had sold 100 million shares in Engie SA (ENGI.FR), 10 million more than it had previously announced, for 1.14 billion euros ($1.2 billion).

Following the sale, made entirely to institutional investors, the French state now holds 28.7% of the French power utility's share capital and 32.6% of its voting rights. Engie was formerly known as GDF Suez.

 

-Write to Nick Kostov at nick.kostov@wsj.com

 

(END) Dow Jones Newswires

January 11, 2017 02:00 ET (07:00 GMT)

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